Or, it may involve a combination of these, that is, a mathematical model adjusted by a manager’s good judgment. 7-* Role of Forecasting in a Supply Chain The basis for all strategic and planning decisions in a supply chain Used for both push and pull processes Examples: Production: scheduling, inventory, aggregate planning …

Forecasting and Aggregate Planning October 12th, 2017 admin One option for managing costs associated with changes in demand for a product or service is hiring additional personnel during periods of increasing demand and conducting layoffs during lower-demand periods.